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Homes in the outer suburbs and regional areas are more likely to go up in value than apartments near the city, property experts say.
Since the start of the coronavirus pandemic in March, houses in the suburbs have fared well despite a recession while unit prices near the city have fallen as the national border closure kept international students out of Australia.
This contrast was stark in Melbourne where properties in the inner-east plunged in value by nine per cent, compared with a slip of just 0.1 per cent in the Mornington Peninsula, CoreLogic data showed.
Melbourne s broader market dropped by five per cent between March and November.  ....

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